在同一天，2025中国超市调改大会，于东来表示，胖东来现在现在对标就是像谷歌、亚马逊、苹果这些 世界顶级的公司，像他们那样思考是怎么去为人类带来美好，让顾客的生活变得更加的方便、美好、健 康，而不是我挣多少钱。 （图片来源：摄图网） 10月14日，胖东来创始人于东来，在个人账号分享近日在2025中国超市调改大会上的演讲内容。在谈到 企业价值与规模时，于东来有着深刻且独到的见解。他直言，做企业是社会责任与社会价值，不只是为 了满足家族的私利和体现出自己的身价，在他看来，企业的真正价值在于员工的幸福。这一理念打破了 传统认知中企业以利润最大化为唯一目标的固有思维。 于东来还提到，企业不要去做盲目的扩张，在当前竞争激烈的零售市场中，不少企业为了抢占市场份 额，纷纷通过大规模开店、并购等方式进行扩张，但这种盲目扩张往往导致企业资金链紧张、管理难度 加大，最终陷入困境。 于东来透露目前胖东来账上的资金是41个亿，而且没有贷款。 41亿元现金储备是什么概念?相当于胖东来2024年全年净利润(8.05亿元)的5.1倍，这一规模在零售业中 极为罕见，同期永辉超市、大润发等头部企业均处于亏损或微利状态。 据胖东来官网数据显示， ...

830万份，这是2025年以来汽车以旧换新申请量。 846.5万辆，这是今年上半年全国电动自行车收旧、换新数量。 超1.1亿台，这是今年以来12大类家电以旧换新数量。 在消费端，"国补"范围从家电扩围到3C数码、政策力度从基础补贴到优惠叠加、服务链条从单一 回收到去旧回收加换新安装全链条……政策加码与服务升级，让以旧换新释放出更大的消费势能。近 日，商务部发布的最新数据显示，截至8月14日，2025年消费品以旧换新带动相关商品销售额超1.9万亿 元，惠及超3.2亿人次。 以旧换新交出亮眼"成绩单"的同时，推动消费"扩容、提质"下一步的发力方向也随之明确。 "新的消费需求可以催生新的供给，新的供给也可以创造新的消费需求。"商务部副部长盛秋平日前 在国新办举行的新闻发布会上表示，"要加强消费信贷支持、举办促消费活动，增加服务消费时间，增 强消费意愿和能力。" 以旧换新持续发力显效，关键在于多方形成的叠加效应。 9月初，商务部等9部门发布的《关于扩大服务消费的若干政策措施》提出，开展重点领域消费贷款 贴息，引导金融机构和商家合作开发适合服务消费特点的产品和服务，形成"政府补贴+金融支持+商家 优惠"组合拳。 作为政 ...

Core Insights - The home furnishing industry is experiencing a surge in demand for green and smart products during the National Day holiday, indicating a significant trend towards sustainability and technology integration [1][2] - Sales data from major e-commerce platforms shows a 19% increase in energy-efficient appliances, a 20.7% increase in smart refrigerators, and a 16.8% increase in smart home products during the first four days of the holiday [1] - The government's policies promoting green consumption and the development of smart home appliances are driving the transformation of the home furnishing industry [1][2] Group 1 - The National Day holiday is viewed as a "golden observation window" for home furnishing consumption, with a notable rise in green and smart products reflecting precise market demands and industry upgrades [1] - The shift from selling individual furniture to offering comprehensive space solutions, including storage, smart technology, and after-sales services, is becoming essential for companies [1] - The implementation of home renovation policies in various regions, which include subsidies for smart toilets and water purifiers, is unlocking consumer potential and enhancing living standards [2] Group 2 - The smart home appliance market in China is projected to reach approximately 756 billion yuan in 2024, with a year-on-year growth of 3%, and is expected to grow to 793.8 billion yuan by 2025 [2] - The integration of green and smart technologies is anticipated to become a core competitive advantage in the home furnishing industry, driven by the dual carbon goals and continuous digital advancements [2] - Companies must increase R&D investments to develop more green and smart products that meet consumer demands to remain competitive in the market [2]

Core Insights - The potential of county-level consumption in China is continuously being released, becoming a major force driving consumption growth, particularly through the rise of green and smart products [1] - Recent government policies have been implemented to promote green consumption, including incentives for replacing old products and upgrading durable goods to be more environmentally friendly [1][2] - The expansion of green consumption in county areas is contributing positively to the national green consumption market, spreading awareness of green consumption, and driving green transformation in production [2] Group 1 - The growth of green consumption in county areas is helping to expand the national market for green products, providing broader development space for the green industry [2] - The increase in demand for green products in county areas is facilitating the dissemination of green consumption concepts to a wider audience, fostering a societal preference for green consumption [2] - The expansion of green consumption is prompting local enterprises to prioritize green production, thereby promoting a green transformation across the supply chain [2] Group 2 - To enhance awareness of green consumption, various channels can be utilized to educate residents, such as hosting green product exhibitions and leveraging social media platforms [3] - Optimizing supply and support involves implementing subsidy policies to encourage the development of green products suitable for county markets and improving infrastructure like charging stations [3] - Strengthening market regulation through unified standards and rigorous enforcement against false advertising and counterfeit products is essential for creating a trustworthy environment for green consumption [3]

Core Insights - The Chinese economy is showing robust vitality, driven by increased consumer spending during the extended National Day and Mid-Autumn Festival holiday period [1][2][3] Group 1: Consumer Trends - There was a significant increase in domestic travel, with 888 million trips taken during the holiday, an increase of 123 million compared to the previous year [1] - The average daily foot traffic at popular shopping districts rose by 8.8%, while sales increased by 6.0% during the holiday [3] - The demand for smart home appliances surged, indicating a shift in consumer preferences from "cost-effectiveness" to "quality-price ratio" [3][4] Group 2: Tourism and Cultural Experiences - The holiday saw a rise in cultural experiences, with events like concerts and sports games becoming key triggers for travel [1][2] - The number of inbound and outbound travelers reached 16.34 million, with a daily average of 2.04 million, marking an 11.5% increase year-on-year [2] - Unique cultural tourism projects, such as immersive experiences in historical settings, attracted both domestic and foreign tourists [2] Group 3: Retail and Entertainment - The total box office for the National Day film season reached 1.835 billion yuan, with domestic films accounting for 98.93% of the revenue [3] - The retail sector benefited from the holiday, with significant increases in sales at venues that combined food, culture, and local products [2][3] - The popularity of green and intelligent products reflects a growing consumer focus on health, sustainability, and technological advancement [4]

国庆中秋长假再次展现出中国消费市场的巨大潜力，中国正在从"生产大国"向"消费大国"稳步迈进。中 国离消费大国还有多远？从"量"上看，已然不远；从"质"上看，仍在途中。抵达的快慢，取决于我们改 革的深度、开放的广度、创新的力度。 国际经验表明，人均GDP超过1万美元后，消费升级将持续推进，而我国人均GDP已连续两年稳定在1.3 万美元以上。政策层面，我国坚定实施扩大内需战略，加快培育完整内需体系，近年来消费对经济增长 的贡献率持续提升。供给侧结构性改革深入推进，一批具备全球影响力的中国品牌正在崛起。国庆中秋 假期，服务体验类消费、绿色智能商品、国潮消费成为主要亮点，正是消费市场从规模扩张向质量提升 转型的生动写照。 一个被称为"消费大国"的国家，不仅是消费总量大，它更是一个结构性和质量性的概念，指向的是一种 经济增长由国内消费特别是居民消费驱动的发展模式。从国际经验看，消费大国的最终消费支出占国内 生产总值的比重较高，通常持续稳定在60%以上。而且，消费结构高度优化，服务消费占据主导地位； 拥有成熟、创新和开放的消费环境，能够孕育出具有全球影响力的品牌，成为全球消费趋势的重要策源 地之一。当面临外部经济冲击时， ...

Group 1 - The consumption market during the National Day and Mid-Autumn Festival holidays showed strong vitality, with foot traffic and sales in 78 monitored pedestrian streets increasing by 8.8% and 6.0% respectively [1] - Key retail and catering enterprises nationwide reported a year-on-year sales growth of 2.7% [1] Group 2 - Highlights of consumption included significant growth in green organic food sales by 27.9%, smart home products by 14.3%, and domestic trend clothing by 14.1% during the holiday period [3] - Merchants introduced low-oil and low-sugar mooncakes, which were well-received by consumers [3] Group 3 - The popularity of service consumption surged, driven by a series of successful domestic films, with box office earnings exceeding 1.79 billion yuan by October 8 [5] - Various sports events sparked viewing enthusiasm, with local venues offering a combination of food, cultural products, and unique merchandise to extend the consumption experience [5]

Core Insights - The overall consumption market during the National Day and Mid-Autumn Festival holiday showed a robust growth trend, with significant increases in domestic travel and spending [1][2][6] Group 1: Travel and Tourism - During the holiday, 888 million domestic trips were made, with total spending reaching 809 billion yuan, marking an increase of 1.23 billion trips and 108.19 billion yuan compared to the previous year [2] - The trend of long-distance and cross-border travel is evident, with significant growth in air travel for long routes and an increase in international flights due to optimized visa policies [3] - The travel market is experiencing structural changes, with a rise in short, frequent trips and high-quality long trips, as evidenced by a 52% increase in hotel bookings for two or more nights [5] Group 2: Consumer Spending - Key retail and catering enterprises saw a 2.7% year-on-year increase in sales during the holiday, with foot traffic in monitored shopping areas rising by 8.8% [2] - Consumption of green organic food increased by 27.9%, smart home products by 14.3%, and domestic fashion by 14.1%, indicating a shift towards healthier and more innovative consumer preferences [4] - The issuance of over 4.8 billion yuan in consumption subsidies and various promotional activities effectively stimulated consumer spending [6][7] Group 3: Cultural and Entertainment Activities - Over 29,000 cultural and tourism events were held during the holiday, contributing to a vibrant cultural consumption atmosphere [7] - The film industry saw a significant boost, with box office revenues exceeding 1.79 billion yuan during the holiday period [4] - Night tourism gained popularity, with search interest for night tours increasing by over 200%, reflecting a growing trend in nighttime economic activities [4]

Core Insights - The sales revenue of key retail and catering enterprises in China increased by 2.7% year-on-year during the National Day and Mid-Autumn Festival holiday period [1] - Foot traffic and sales revenue in 78 monitored pedestrian streets (business districts) rose by 8.8% and 6.0% year-on-year, respectively, from October 1 to 7 [1] - Notable growth was observed in green organic food sales, which surged by 27.9%, smart home products by 14.3%, and domestic fashion by 14.1% during the holiday [1] Retail and Catering Sector - The overall sales revenue of key retail and catering enterprises showed a year-on-year increase of 2.7% during the holiday [1] - The monitored pedestrian streets experienced a significant rise in foot traffic and sales, indicating a robust consumer engagement [1] Consumer Trends - There was a marked increase in the sales of green organic foods, smart home products, and domestic fashion, reflecting changing consumer preferences towards sustainability and local brands [1] - The introduction of low-oil and low-sugar mooncakes was well-received by consumers, highlighting a trend towards healthier food options [1] Entertainment and Sports Consumption - The release of several successful domestic films led to a box office revenue exceeding 1.79 billion yuan during the National Day holiday [1] - Various sports events generated significant viewer interest, with local initiatives combining food, cultural products, and unique merchandise to enhance the viewing experience and extend consumption opportunities [1]

Core Insights - The overall consumption market in China showed a robust growth trend during the National Day and Mid-Autumn Festival holiday, with 888 million domestic trips and total spending reaching 809 billion CNY, indicating a solid recovery in consumer spending [4][5][9] Group 1: Tourism and Travel Trends - The "Wannan Fish Dragon Festival" in Wuhu City, Anhui Province, activated cultural tourism consumption through immersive experiences, making it a popular choice for visitors [4] - The travel consumption report from Tongcheng Travel highlighted a significant trend towards long-distance domestic and international travel, with increased efficiency due to new transportation routes and optimized visa policies [6] - Data from Tongcheng Travel indicated a 20% year-on-year increase in users booking trips to two or more cities, and a 52% increase in bookings for hotels with stays of two days or more [8] Group 2: Consumer Spending Patterns - Key retail and catering enterprises saw a 2.7% year-on-year increase in sales during the holiday, with foot traffic and sales in monitored pedestrian streets rising by 8.8% and 6.0%, respectively [5] - The consumption of green organic food surged by 27.9%, while smart home products and domestic fashion brands also saw significant growth, reflecting a shift towards healthier and more innovative consumer preferences [7] - The film industry experienced a boom, with box office revenues exceeding 1.79 billion CNY during the holiday period, driven by popular domestic films [7] Group 3: Government Initiatives and Support - Over 4.8 billion CNY in consumer subsidies were distributed during the holiday, alongside more than 29,000 cultural and tourism events organized nationwide [9] - Various regions implemented targeted consumption policies, such as issuing consumption vouchers and promoting local tourism resources, which effectively stimulated consumer spending [9] - Smart management systems were introduced in tourist attractions to enhance visitor experience and operational efficiency, showcasing a blend of technology and service improvement [9]